InterPrivate IV InfraTech Partners Inc. Announces it Will Redeem its Public Shares and Will Not Consummate an Initial Business Combination
New York, NY, April 11, 2023 (GLOBE NEWSWIRE) — InterPrivate IV InfraTech Partners Inc. (Nasdaq:IPVIU, IPVI, IPVIW) (the “Company”) announced today that it will redeem all of its issued and outstanding shares of Class A common stock (the “Public Shares”), because the Company’s sponsor has determined that it will not make an additional contribution to the Company’s trust account required in order to further extend the April 9, 2023 deadline under the Company’s Amended and Restated Certificate of Incorporation (the “Charter”) for the Company to complete an initial business combination. Following such redemption of the Public Shares, the Company will liquidate and dissolve in accordance with the provisions of the Charter.